SCOA Partners with Mars® Inc. to Develop Texas Windfarm the size of Paris, France

In 2014, Sumitomo Corporation of Americas partnered with Mars on the construction of this Mesquite Creek wind farm. This 200 MW farm marks the biggest long-term commitment to renewable energy use of any food manufacturing business in the United States. With an annual output of more than 800,000 megawatt-hours, Mesquite Creek generates 100% of the electricity needs of Mars’ U.S. operations.

This 20-year renewable energy contract marks the biggest long-term commitment to renewable energy use of any food manufacturing business in the U.S. Mars will receive all of the Renewable Energy Credits generated by the wind farm, largely offsetting the company’s North American carbon footprint in a single transaction. Mesquite Creek will generate 100% of the electricity needs of Mars’ U.S. operations, which covers 70 sites including 37 factories and 25,000 associates. According to Mars, Inc. the energy created from the wind farm will represent 24 percent of Mars’ total global factory and office carbon footprint and 12 percent of its energy use globally – equivalent to making 13 billion SNICKERS® bars or powering 61,000 U.S. households.

Barry Parkin, chief sustainability officer, Mars, Inc., commented, “We are committed to doing our part to limit climate change. We are therefore delighted to be announcing this major renewable project that takes us a big step towards our goals of becoming carbon neutral in our operations. This is an innovative approach that makes great business and environmental sense.”

Mesquite Creek will make it possible for Mars to reach its aggressive goal of achieving carbon neutral energy consumption some 25 years ahead of its 2040 target.

Sumitomo Corporation of Americas continues to grow its renewable energy business and has extensive experience developing, operating and owning power generating facilities such as wind, geothermal, biomass and solar business around the world. We value to renewable energy projects as a late-stage developer and long-term equity partner. Our partners benefit from our ability to indentify and contract with off-takers, negotiate supply and construction contracts, source long-term capital partners, and even through our operation and management capabilities.

Our current renewable project portfolio includes:

• Shepherds Flat Wind Project, Oregon
• Cimarron II Wind Project, Kansas
• Ironwood Wind Project, Kansas
• Stanton Wind Project, Texas
• Mesquite Creek Wind Project, Texas,
• Turquoise PV Project (solar), Nevada
• Willey Batter Storage Project, Ohio

The Company will build upon its ownership of Mesquite Creek Wind and will continue to actively seek opportunities to develop, construct and own wind and other renewable energy projects in the beginning and advanced development phase in the U.S. and Canada. With its global experience in developing, constructing and operating renewable projects, Sumitomo is an attractive long-term investor to any renewable energy developer looking for a strategic partner.